Montague Oaks Office Park
Investment Opportunity. 2 buildings and land for Sale
Marketing description
Montague Oaks Office Park offers a prime commercial opportunity in North Charleston, positioned near the center of the greater Charleston market. This Class A office development is strategically located at the intersection of I-526 and West Montague Avenue, providing excellent visibility and convenient access. The property is in close proximity to Charleston International Airport and within walking distance of the North Charleston Convention Center, Top Golf and numerous dining and retail options.
The Office Park consists of two office buildings, each approximately 12,042 square feet, situated on ±2.77 acres. The site also has potential for additional development of up to 58,000 square feet.
This offering includes the opportunity to acquire one or two pad sites, as well as one or both existing office buildings.
The owner will sell land without the buildings, but not the buildings without the land.
For more information, download the offering memorandum and contact the listing brokers.
Investment highlights
- Investment, owner-user, development & HQ opportunity
- Recently renovated office buildings
- Parking easement with no development and minimal maintenance costs
- The site currently has 98 parking spaces and can add 79 more if two pad sites are developed with covered parking
- A perpetual easement guarantees access to 128 spaces on an adjacent City-owned site (final location TBD). Additional spaces may be possible, but not guaranteed
- The 128 spaces require no development costs and only $10,000/year, with no maintenance, taxes, insurance or utilities
- Land Site ±2.27 acres *Not including parking in easement with the City of North Charleston
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